Menorah Park Group Residences Inc

Analysis

Menorah Park Group Residences Inc is a registered charity in United States, based in Fayetteville, NY. It received its IRS tax-exemption ruling in November 2009, 17 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Menorah Park Group Residences Inc reported income of $431k and spending of $485k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $428k to $431k (+0.7%), an average of +0.2% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Menorah Park Group Residences Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 64th percentile within NY. Charities of a similar size with the same main cause include Riviera Hotel Inc ($431k), Pee Wee Homes ($431k) and Keen Ager Corporation ($431k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Other salaries and wages came to $299k. At year end it held assets of $290k against liabilities of $159k, net assets of $131k. It reported 7 employees.